Business

Right to silence

Article Abstract:

The age-old 'right to silence' enjoyed by the British has been redefined by the Criminal Justice and Public Act 1994. The law was introduced to enable courts to make a negative interpretation of a client's refusal to disclose information. It covers taxpayers who are undergoing or will undergo an Inland Revenue or Customs & Excise investigation. Sec. 34 covers the client's failure or refusal to mention defense to the investigating officer, Sec. 35 addresses the issue of silence during the trial, while Secs. 36 and 37 deal with the client's failure to explain incriminating circumstances. The changes introduced by the new legislation should be considered by practicing accountants when providing advise to their clients. Clients must be cautioned that they can choose to remain silent, but this silence may be used against them.

How to save on NIC

Article Abstract:

Many British employers seek to reduce the costs of their National Insurance contributions (NIC) without losing their benefits entitlement. Techniques employed to hold down costs include job sharing and making greater use of self-employed workers. Perhaps the easiest way to accomplish cost cuts is to establish an employee trust. Companies may, in certain circumstances, establish trusts that are exempt from the NIC, because the sums paid to the trustees or employees are considered to be voluntary payments.